Breaking News: Para USA Acquired by Freedom Group

Freedom GroupFreedom Group announced Monday that it had finalized an asset purchase agreement to acquire certain assets of Para USA.

According to a press release from Freedom Group, the purchase was conducted through an unnamed subsidiary of Freedom Group. No price was given. Furthermore, the release did not specify the "certain assets" being acquired.


Para USA was founded in 1985, gaining fame with its high-capacity frame and Light Double Action (LDA) trigger systems that were both incorporated into the company's 1911 designs. But the innovations to John M. Browning's original design weren't widely embraced in the U.S. Para will continue its day-to-day operations at their facility in Pineville, N.C.



"We welcome Para into the Freedom Group Family of Companies," said E. Scott Blackwell, chief Sales and marketing officer of Freedom Group, in the press release. "Para USA is a leader in handgun technology and their fine products exemplify quality, innovation and performance. Para is a perfect complement to our industry-leading family of brands, and our success in 2011 with the Remington R1 — 1911. We look forward to deploying both human and financial resources to continue to develop and supply current and future handguns for consumers and our channel partners.  We also wish to thank all its employees for their continued dedication that has made Para a success."

What do you think this means for the PARA brand and the growing Freedom Group empire?


Recommended for You

The APX Carry is a 9mm striker-fired, polymer framed single-stack pistol designed for “ultra concealment”. NRA Show

The Beretta APX Carry

G&A Digital Staff - April 29, 2019

The APX Carry is a 9mm striker-fired, polymer framed single-stack pistol designed for “ultra...

The 92X Performance model from Beretta was created to satisfy two requirements: Speed and accuracy. Beretta's new competition pistol is uncompromising and aims for top performance. NRA Show

Beretta's New 92X

G&A Digital Staff - April 28, 2019

The 92X Performance model from Beretta was created to satisfy two requirements: Speed and...

I often hear stories about this or that instructor. They range from awesome to keep it positive Tactical

Finding the right shooting instructor

Kyle Lamb - September 22, 2017

I often hear stories about this or that instructor. They range from awesome to keep it...

See More Recommendations

Popular Videos

Gun Clips with Joe Mantegna - 94 WINCHESTER

Gun Clips with Joe Mantegna - 94 WINCHESTER

Joe Mantegna talks about the origins of the 94 Winchester rifle.

A New Season of G&A TV

A New Season of G&A TV

In this new season of Guns & Ammo TV, we introduce two new series and bring back a viewer favorite - Camera's Don't Lie. We look at long-range tech and see how to make shots previously thought impossible. Next we visit ISS Prop House in Hollywood.

Armscor Semi-Auto Shotguns

Armscor Semi-Auto Shotguns

We look at the new shotguns from Armscor - the VR80 and the brand new bullpup VRBP100.

See more Popular Videos

Trending Stories

The one glaring weakness in the .30-­caliber magnum cartridge lineup is best highlighted by examining the requirement around which Hornady designed the .300 PRC; the requirement came from the U.S. Special Operations Command (SOCOM). Rifle

.300 PRC Review

Tom Beckstrand - March 12, 2019

The one glaring weakness in the .30-­caliber magnum cartridge lineup is best highlighted by...

A guide on how to pair .223 and 5.56 NATO rifle barrel twist rates with bullet weights. Conventional wisdom says slower twist rates wouldn't properly-stabilize a heavy bullet. On the other hand, faster rates could over-stabilize lighter bullets. This is correct in theory, however, modern ballisticians have all but debunked the over-stabilization theory. All things being equal, it is better to have too much twist than not enough. How-To

Pairing Barrel Twist Rates with Bullets for .223 and 5.56 NATO

Keith Wood - November 17, 2018

A guide on how to pair .223 and 5.56 NATO rifle barrel twist rates with bullet weights....

The Taurus TX22 rimfire shoots like no other. Reviews

Taurus TX22 Rimfire Review

Eric Poole - May 23, 2019

The Taurus TX22 rimfire shoots like no other.

See More Stories

More Industry

Attention Collectors! Walther has released the PPK/S First Edition; the one-time run is limited to only 1250 units, serial numbers 101-1350. Handguns

Walther First Edition PPK/S Pistols Announced

Guns & Ammo Digital Staff - September 04, 2019

Attention Collectors! Walther has released the PPK/S First Edition; the one-time run is...

True Velocity 6.8mm composite‐case ammunition has been selected for the U.S. Army's Next Generation Squad Weapon (NGSW) modernization program. Rifle

True Velocity 6.8mm Ammo Selected for Army Program

Guns & Ammo Digital Staff - September 06, 2019

True Velocity 6.8mm composite‐case ammunition has been selected for the U.S. Army's Next...

We talk acting, guns and hunting with Cole Hauser, co-star of the hit series gYellowstone.h Industry

Behind the Scenes of 'Yellowstone' with Cole Hauser

Mike Schoby - June 06, 2019

We talk acting, guns and hunting with Cole Hauser, co-star of the hit series gYellowstone.h

See More Industry

GET THE MAGAZINE Subscribe & Save

Temporary Price Reduction

SUBSCRIBE NOW

Give a Gift   |   Subscriber Services

PREVIEW THIS MONTH'S ISSUE

GET THE NEWSLETTER Join the List and Never Miss a Thing.

×